What is the dollar exchange rate?

It is the value of the U.S. dollar when exchanged for another country's currency, indicating how much of one currency is needed to buy one U.S. dollar.

What factors primarily influence the dollar exchange rate?

Key factors include interest rates, inflation rates, economic growth, government debt, political stability, and market speculation.

How does the dollar exchange rate affect consumers and businesses?

A stronger dollar makes imports cheaper and exports more expensive, affecting international trade, travel costs, and the purchasing power of goods and services.

Where can I find reliable, real-time dollar exchange rates?

Reliable sources include major financial news websites, central bank data (like the Federal Reserve), and reputable currency conversion platforms.